Thursday, December 31, 2009

PERFORMANCE FOR 30.12.2009

PERFORMANCE for 30.12.2009
Buy Aban at 1243 TGT 1270 SL 1237 TGT ACHIVED TOUCHED ABV 1262
Buy Thermax at 627 TGT 640 TGT ACHIVED TOUCHED ABV 640

Buy ACC above 875 TGT 890 SL-870 COST 2 COST CUT
BUY Mahindra & Mahindra Financial 335 TGT 339 TGT ACHIVED TOUCHED ABV 338.70
Buy Tata Chemicals above 334 TGT 340/345 SL-327TGT ACHIVED TOUCHED ABV 338
Buy Bharat Forge above 277 TGT 284/288 SL-272 TGT ACHIVED TOUCHED ABOVE 279
BUY NITIN FIRE AT 280 TGT 301 SL 274 TGT ACHIVED UPPER FREZZE

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PERFORMANCE 31.12.2009

PERFORMANCE FOR 31.12.2009
BUY MONEY MATF ABOVE 153 TGT 168 SL 149 TGT ACHIVED TOUCHED above 168 :d
BUY FCH ABOVE 223TGT 226 SL 220TGT ACHIVED TOUCHED above 226
BUY ATLANTAABOVE 177 TGT182 SL 175 TGT ACHIVED TOUCHED above 182.50
BUY ON MOBILEABOVE 448.40 TGT462 TGT ACHIVED TOUCHED above 463
BUY PRAJ IND ABOVE 103.40 TGT 106 SL 100 TOUCHED ABOVE 105.50
BUY ASTRAL POLY ABOVE 183.50 TGT TGT 189 SL 179 TGT ACHIVED TOUCHED 190
BUY Century Enka ABOVE 303.10 TGT 310 SL 301 TGT ACHIVED TOUCHED ABOVE 309

BUY REPRO INDIA ABV 122 TGT 129 SL 199 TGT ACHIVED TOUCHED 130.70
To subscribe one month tips please pay Subscription charges for INTRADAY CALLS : INR 500/- by SMS and 1000/- by YAHOO MESSENGER+SMS, by A/c Payee cheque at your nearest HDFC ATM or HDFC branch. A/c name: MANWENDRA NATH MAURYA A/c No: 03141000037116 for any query mail us at team_eqr@yahoo.com
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MARKE ENDED 2009 DEC 31.


Indian stock markets ended calendar year 2009 in style and on a promising note after the benchmarks scaled 20-month peaks on a December F&O expiry day. It's been a liquidity driven rally for global markets on the back of economic recovery and decline in the US dollar. Back home, sentiments have been bullish on expectations of 6.7 per cent GDP growth and government's decision to continue with stimulus package.
Bombay Stock Exchange's Sensex closed at 17464.81, up 120.99 points or 0.70 per cent from the previous day's close. The 30-share index touched 52-week high of 17530.94 and low of 17365.37. The 30-share index has bounced back 80 per cent in 2009.
National Stock Exchange's Nifty ended at 5201.05, up 31.60 points or 0.61 per cent from Thursday. The index touched 52-week high of 5221.85 and low of 5168.75 during the day's session. Today India is the preferred destination for equity investors across the world as is evidenced by the FII & FDI inflows into our markets which has crossed $35 billion in this financial year.
Going forward, the VIX having dropped from 80 a year ago to 20 now is indicative of growing confidence in the markets and thus strong flows would be expected to continue. Our own people, particularly retail investors could also recognize this and reap the long term benefits of investing in an economy which is expected to grow at the rate of at least 7.5-8% p.a. for the next many yearsThe BSE Midcap Index was up 0.31 per cent and BSE Smallcap Index gained0.60 per cent. Amongst the sectoral indices, BSE Power Index was up 1.16 per cent, BSE Capital Goods Index moved 1.10 per cent higher and BSE Oil&gas Index moved up 1 per cent. BSE FMCG Index ended 0.19 per cent lower and BSE Healthcare Index slipped 0.14 per cent. Jaiprakash Associates (3.59%), Ambuja Cement (3.04%), BPCL (2.76%), SBI (2.06%) and M&M (1.94%) were amongst the top Nifty gainers. Idea (-1.61%), Reliance Communications (-1.03%), DLF (-1.01%), Jindal Steel (-0.86%) and PNB (-0.84%) were amongst the major losers. Market breadth was positive on the BSE with 1670 gainers and 1212 losers.
Note: Market will remain shut Friday on account of New Year holiday. From 4 January 2010, trade will start at new trading time i.e. 9:00 am IST and end at 3:30 IST.

Wednesday, December 30, 2009

MARKET OUTLOOK FOER 31.12.2009

Main Indian stock indices closed in the red on Wednesday even as uncertainty prevails on the issue of extending the trading hours beginning January 4. The market continued to be lackluster with only a day to go in the year 2009 and due to anxiety about the prospects for equities in 2010. Thursday's F&O expiry ensured that there was enough volatility as traders pondered over possible strategies to adopt ahead of another long weekend. What's more, Asian markets were pretty mixed and European stocks declined from multi-month highs. The key indices opened higher, and then turned choppy, only to slide to the day's low. From then on they successfully managed to come back into the positive zone before turning flat. In the end, the BSE Sensex and the NSE Nifty ended slightly down.
The Sensex finished at 17,343.82, down 58 points or 0.33% over the previous close. Earlier, it touched a high of 17,440 and a low of 17,322 after opening at 17,402. The Nifty shut shop at 5169, down 19 points or 0.36% from the last close. The Nifty touched a high of 5197 and a low of 5160 after opening at 5188.Meanwhile, the small-cap and mid-cap counters extended gains from Tuesday. The BSE Small-Cap index and BSE Mid-Cap index rose 1.1% and 0.3% respectively.Off the BSE sectoral indices, Consumer Durables and Real Estate indices posted modest gains. Select IT, Auto and Banking shares also ended higher. Notable losers included FMCG, Metals, Capital Goods, Oil & Gas and Pharma.
The big losers within the Sensex were ITC, Hero Honda, Sun Pharma, Hindalco, Tata Steel, L&T and ONGC. The list of winners included Reliance Infra, ACC and Grasim.Outside the key stock indices, the top losers were BL Kashyap, Great Offshore, Max India, 3i Infotech, PTC India, Time
Technoplast, Abbott India, Zandu Pharma, GTL Infra and Jindal Steel.Essar Shipping, Gammon Infra, HOEC, Marksans Pharma, TVS Motor, Jyoti Structures, JM Financial, Heidelberg Cement, Jagran Prakashan, Balaji Tele, Shiv-Vani Oil and Assam Co. were among the top gainers outside the main indices.

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Tuesday, December 29, 2009

PERFORMANCE FOR 29.12.2009

PERFORMANCE FOR 29.12.2009 CALLS BY SMS & YAHOO MESSENGER
BUY RPOWER 155.40 SL 152 TGT 160 TGT ACHIVED TOUCHED 157(by sms)also
BUY REL INFRA 1116 SL 1114 TGT 1135 TGT ACHIVED TOUCHED 1143
BUY PUNJLYORD 203.50 TGT 207.65 SL 201.50 TGT ACHIVED TOUCHED 209
BUY SINTEX 264.70 TGT 270 SL 262: TGT ACHIVED TOUCHED 272.20 (by sms )also
BUY CASTROL 610 TGT 617 SL 606 TGT ACHIVED TOUCHED 626.80
BUY CENTURY TEXTILE 524.10 TGT 529 SL 523 TGT ACHIVED TOUCHED 529
BUY TITAGARH WAG ABOVE 444 SL 441 TGT 457 TGT ACHIVED TOUCHED 470.70
BUY PARKASH IND ABOVE 203.50 SL 201 TGT 209 TGT ACHIVED TOUCHED 209.90
BUY TATA MATALICS ABOVE 144 TGT 148-150 SL 142 COST2 COST TOUCHED 144.80

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MARKET ENDED 29.12.2009

SENSEX 17401.56 +40.95
NIFTY 5187.95 +9.55
NASDAQ 2176.05 +6.87
DJIA 10426.31 -11.11
RS/$ 46.25 -0.16

Equity benchmarks ended in the positive terrain on Tuesday but off day’s highs ahead of December F&O expiry later this week. Metals, Power and banks provided support to the indices while healthcare and IT stocks ended lower.
Indices opened on a positive note and turned range bound with a positive bias. Soon after trade began National Stock Exchange’s Nifty hit 52-week high and crossed psychological resistance level of 5200. However, in the last half hour the indices pared the gains and ended only marginally higher. On the other hand, the broader indices outperformed the benchmarks.

We are in expiry week and participants are expecting Santa Claus rally between Christmas and New Year. We think otherwise. At 5200 in December we are on the higher side of the range. There are lot of writers which are still holding their short 5200 call positions and of late 5200 put has also added significant open interest which is more of buying than writing as IV’s were far too low for sellers to make any meaningful returns in short timeframe. Just like breaching of 5000 support by 50-odd points should not have altered positional traders view significantly, on similar basis, 20-30 points move above 5200 levels should not bring exuberance among participants.
For January, so far the range which has emerged is not very different from December on the lower side i.e. 4900-5000 may act as support zone. On higher side, 5200 still appears to be resistance, even if this resistance is breached we may not see run away rally
National Stock Exchange’s Nifty closed at 5187.85, up 9.45 points or 0.18 per cent. The index hit 52 week high of 5214.60 and touched intraday low of 5175.85
.
Bombay Stock Exchange’s Sensex shied away from hitting new 52-week high and ended at 17401.56, up 40.95 points or 0.24 per cent. The 30-share index touched a high 17486.05 and low of 17372.63.
BSE Madcap Index was up 0.50 per cent and BSE Small cap Index moved 1.16 per cent higher.

Amongst the sect oral indices, BSE Metal Index was up 0.92 per cent, BSE Power Index moved 0.66 per cent higher and BSE Bankex moved 0.37 per cent up.
Reliance Power (4.80%), Reliance Infrastructure (3.21%), Suzlon Energy (2.66%), Hindalco Industries (2.43%) and Ambuja Cement (1.91%) were amongst the top Nifty gainers.
One of the four 300 MW-capacity units of a thermal power plant developed by Reliance Power has been commissioned in Rosa. The second 300 MW-unit will be commissioned by the end of January, and will be followed by the other two 300 MW-units by March 2012. The 1,200-MW plant at Roja, is located about 175 km from Uttar Pradesh capital Lucknow.
Cipla (-3.47%), Sun Pharma (-2.38%), DLF (-1.69%), Wipro (-1.64%) and ONGC (-1.37%) were amongst the top losers.
Market breadth was positive on the BSE with 1859 advances and 964 declines.
European markets were in the green led by commodities and the US markets were also expected to open higher. At 4:20 pm IST, Dow Jones futures was up 0.11 per cent, S&P 500 moved 0.15 per cent higher and NASDAQ 100 gained 0.13 per cent.

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Saturday, December 26, 2009

THIS WEEK TOPGAINERS AND LOSERS SECTOR WISE








@@@@@ WE PERFORMED BEST IN LAST WEEK
Bulls have reason to celebrate as last minute shopping before Christmas has taken the Nifty to a new high this week. The Finance Minister's comments on GDP growth coincided with the gains. Positive discussions about divestment programmes in Cabinet meeting, better cues from global markets also added to the upsurge. Finally, both the BSE 30-share Sensex and Nifty added 3.8% each. The BSE Sensex hit an intra-week high of 17,361 and low of 16,578 while NSE Nifty hit an intra-week high of 5798 and low of 4,943.
The top gainers: The top gainers in the Sensex were NTPC (up 10.7%), Tata Motors (up 9.5%), Tata Steel (up 9.1%), Hindalco Inds (up 9%) and Reliance Infrastructure (up 6.7%).
The Top Losers: The top losers in the Sensex were Cipla (down 2.5%), Hindustan Unilever (down 1.2%), Bharti Airtel (down 1%), Ranbaxy Labs (down 0.9%) and ACC (down 0.6%).
The BSE IT Index (up 2.6%): The top gainers in the IT sector were Sasken Communication (up 11.1%), HCL Tech (up 4.7%), TCS (up 3.7%), Wipro (up 3.4%) and Mphasis (up 3%).The top losers were Oracle Financial (down 0.4%) and Financial Tech (down 0.2%).
The BSE Consumer Index: The top gainers in the Consumer Durables sector were Whirlpool (up 8.5%), Titan (up 7%), Samtel Color (up 4.5%), Videocon Industries (up 2.5%) and Blue Star (up 0.6%).
The BSE Healthcare Index (down 0.1%): The top gainer in the Pharma space was Glenmark Pharma. The stock rose over 8.8% during the week. Glenmark Generics received a tentative approval from the USFDA for two drugs. The estimated market size of one of the drugs Pramipexole Dihydrochloride, the generic version of Boehringer Ingelheim's Mirapex tablets, is estimated at US$487mn.Sun Pharma surged over 5% during the week. The company’s attempts to acquire Taro Pharma received a major boost with the Israeli company’s second-largest minority shareholder, Templeton Asset Management, asking the shareholders not to support the existing management, to vote against their decisions and to demand audited financial statementsPanacea Biotec (up 4.6%), Glaxosmithkline (up 4.1%) and Strides Arcolab (up 3.7%) were among the other notable gainers. The top losers in were Suven Life Science (down 4%), Natco Pharma (down 3.5%), Piramal Healthcare (down 3%), Cipla (down 2.5%) and Orchid Chem (down 1.9%).
The BSE Banking Index (up 4%): The top gainers in the banking space were Yes Bank (up 7.5%), Axis Bank (up 4.8%), Canara Bank (up 4.4%) and OBC (up 4.2%).ICICI Bank surged 5% during the week. According to reports, the bank plans to raise up to Rs12bn via bonds.
The BSE Auto Index (up 2%): The top gainers in the auto space were Tata Motors (up 9.5%), Hero Honda (up 4.3%), Eicher Motors (up 3.4%), Hindustan Motors (up 2%) and Swaraj Mazda (up 1.6%).Bajaj Auto was the top loser. The stock fell 1.4% during the week.
The BSE Oil & Gas Index (up 4.8%): The top gainers in the oil & gas space were Gujarat NRE Coke (up 15.8%), Great Offshore (up 13%), Essar Oil (up 4.9%) and HPCL (up 4%). Reliance Industries surged 4% during the week. The company made a gas discovery in one of its exploration blocks in the Krishna Godavari basin off the country's east coast. Great Offshore surged over 13% during the week. Bharati Shipyard concluded its open offer for an additional 20% shares in the company. Following the open offer, Bharati holds 43.17% in Great Offshore. The top losers in the oil & gas space were Hindustan Oil (down 1.1%) and ONGC (down 0.3%).
The BSE Capital Goods Index (up 2.4%):The top gainers in the Capital Goods space were Dredging Corp (up 8.5%), BEML (up 8.4%), HEG (up 8.3%), Praj Industries (up 7%) and Jyoti Structures (up 6.6%).The top losers in the Capital Goods space were Gammon India (down 2.7%), ELGI Equipments (down 2.4%), SKF India (down 2.3%), Alfa Laval India (down 0.8%) and Carborundum Universal (down 0.3%).
The Cement Sector: The top gainers in the cement sector were Mangalam Cement (up 16.1%), Binani Indus (up 7.3%), Dalmia Cement (up 4.8%), India Cements (up 3.6%) and Prism Cement (up 3%)
The top losers were Kakatiya Cement (down 2.2%), Madras Cements (down 1.9%), Birla Corp (down 1.6%), Ultratech Cement (down 1.6%) and JK Cements (down 1.1%). Shares of Ambuja Cement gained 2.7% during the week.
The Telecom Sector: The top losers in the telecom were Gemini Comm (down 5.4%), Shyam Telecom (down 2.3%), WWIL (down 2.3%) and Bharti Airtel (down 1%). The top gainers in the telecom space were Himachal Futuristic (up 1.9%), Tata Comm (up 0.8%), MTNL (up 0.8%) and RCom (up 0.5%).
The Realty Sector (up 4%): The top gainers in the real estate space were Akruti City (up 12.5%), Parsvnath (up 4.6%), HDIL (up 4.5%), Sobha Developers (up 4.2%) and Ansal Props (up 2.3%). The top losers were Anant Raj Indus (down 2.7%), Mahindra Lifespace (down 1.8%) and Unitech (down 0.7%).
The Metals sector (up 6.8%): The top gainer in the metals sector was Adhunik Metaliks. The stock rose over 12% during the week. IDFC Project Equity Company will invest Rs2.5bn through its India Infrastructure Fund in a 540MW plant being built by Adhunik Power & Natural Resources in Jamshedpur. SAIL (up 11.3%), Tata Steel (up 9.1%), Tata Sponge (up 8.7%) and Tata Metaliks (up 8.6%) were among the other top gainers.The top losers were Monnet Ispat (down 2.2%) and Jindal Stainless (down 0.7%).
Latest news
Panacea Biotec to consider buy back on Dec 30, 2009
Siemens fixes Book Closure for Dividend & 52nd AGM
Jaiprakash Hydro changes name as Jaiprakash Power Ventures Ltd
Power Grid Board to consider Interim Dividend for 2009-10
Glenmark Generics Ltd receives Tentative Approval from USFDA for Pramipexole Dihydrochloride tablets and Atomoxetine Hydrochloride capsules
Nakoda Textile Industries sponsored Surat Super Yarn Park Ltd. enhances production capacity to 1,51,000 MTPA of Texturised yarn
Maruti Suzuki plans world premiere for first compact MPV Concept at Auto Expo 2010
Bank Sohar, Oman signs up Intellect GUB - Debt Management Solution from Polaris Software
Dabur India equity shareholders & unsecured creditors to approve merger Shoppers Stop opens M.A.C store at Noida
Tata Power to declare Q3 results on Jan 19, 2010
IFB Industries deregistered from BIFR
Hindustan Tin amends Joint Venture Agreement
Kemrock Industries revises rights issue size to Rs 400 crores
बाजार इस हफ्ते: सेंसेक्स और निफ्टी 3-3% से अधिक उछला

नेशनल स्टॉक एक्सचेंज (एनएसई) का निफ्टी सूचकांक इस हफ्ते 5,100 के स्तर के ऊपर चला गया। यही नहीं, बॉम्बे स्टॉक एक्सचेंज (बीएसई) का सेंसेक्स 17,000 के मनोवैज्ञानिक स्तर के ऊपर चला गया। 25 दिसंबर को क्रिसमस की छुट्टी होने कारण यह हफ्ता आज पूरा हो गया।इस हफ्ते के दौरान निफ्टी में 190 अंक यानी 3.8% की बढ़त दर्ज की गयी और यह आज के कारोबार के अंत में 5,178 पर रहा। सीएनएक्स मिडकैप सूचकांक इस हफ्ते 213 अंकों यानी 2.97% की ऊपर चढ़ा। दूसरी ओर, बॉम्बे स्टॉक एक्सचेंज (बीएसई) के सेंसेक्स में इस हफ्ते 641 अंकों यानी 3.8% की मजबूती दर्ज की गयी। आज के कारोबार के आखिर में यह 17,361 पर बंद हुआ। बीएसई मिडकैप सूचकांक में इस हफ्ते 171 अंक यानी 2.6% की मजबूती रही और यह 6,641 पर रहा। पिछले हफ्ते के आखिर में यह 6,470 पर रहा था। बीएसई स्मॉलकैप सूचकांक में इस हफ्ते 235 अंक यानी 2.98% की तेजी रही। आज यह 8,121 पर बंद हुआ, जबकि पिछले हफ्ते के अंत में यह 7,886 पर रहा था। यदि बीएसई के क्षेत्रीय सूचकांकों की बात करें, तो इस हफ्ते हेल्थकेयर सूचकांक को छोड़ कर अन्य सभी सूचकांकों में तेजी का रुख रहा। सबसे ज्यादा बढ़त धातु सूचकांक में रही। यह सूचकांक 6.8% ऊपर चढ़ा। तेल-गैस सूचकांक को 4.7%, पावर सूचकांक को 4.6%, बैंकिंग सूचकांक को 4.4% और पीएसयू सूचकांक को 4% का फायदा हुआ। रियल्टी सूचकांक में 3.9%, कंज्यूमर ड्यूरेबल्स सूचकांक में 3.5%, आईटी सूचकांक में 2.6%, एफएमसीजी सूचकांक में 2.5%, टीईसीके सूचकांक में 2.4%, कैपिटल गुड्स सूचकांक में 2.4% और ऑटो सूचकांक में 1.98% की मजबूती रही। दूसरी ओर, हेल्थकेयर सूचकांक को 0.14% का मामूली घाटा हुआ।

Regards, Team Equity Research

Thursday, December 24, 2009

MARKET ENDED 24.12.2009





@ NIFTY MAJOR GAINER


Equity benchmarks ended in the positive territory but off 52 week high
on Thursday, led gains in by auto, metals and oil & gas stocks.
Indices took support from the positive global markets. Equities opened higher in line with other global markets and turned choppy after a rally in previous session. However, a sharp
bout of buying in the afternoon helped the indices to finally breakout of resistance levels. Towards close, the market failed to hold on to intraday highs as investors chose to book profits at higher levels ahead of extended weekend. Fundamentally market looks expensive but looking at the momentum it may move higher. One should not buy at these levels as the results season may throw some negative surprises and high inflation is already a cause of concern. Whatever positives are there have already been factored in
National Stock Exchange’s Nifty closed at 5178.40, up 33.80 points or 0.66 per cent after hitting 52-week high of 5197.90. It touched intraday low of 5129.05.
Bombay Stock Exchange’s Sensex ended at 17360.61, up 129.50 points or 0.75 per cent.
The index touched intraday high of 17413.69 and low of 17198.09. If Nifty manages to stay above 5180-5190 then the next two key resistance levels would be 5206 and 5232. Above that the next resistance level is 5304. On the downside, first support is at 5130 then it would be at 5108, 5085 and 5064. If this new found bullishness is to be maintained then it should not close below 5064The BSE Midcap Index was up 0.72 per cent and BSE Smallcap Index moved 0.60 per cent higher. Amongst the sectoral indices, BSE Auto Index was up 1.50 per cent,
BSE Metal Index gained 1.42 per cent and BSE Oil& Gas Index jumped 0.90 per cent. Tata Motors (4.17%), Hindalco Industries (3%), Reliance Infrastructure (2.55%), Hero Honda (1.93%) and Tata Steel (1.90%) were amongst the top Nifty gainers. IDEA (-2.50%), Ranbaxy Laboratories (-1.92%), Jaiprakash Associates (-1.87%), Bharti Airtel (-1.46%) and Power Grid (-0.82%) led the decline.
Market breadth was positive on the BSE with 1598 advances and 1253 declines.
NOTE: Markets will remain closed on Friday and Monday on account of Christmas and Muharram holidays.

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Merry Christmas & Happy New year to all

PERFORMANCE for 24.12.2009 THURSDAY


PERFORMANCE FOR THURSDAY 24.12.2009
BUY GREAT OFFSHORE ABOVE 560 TGT 565-570 SL 555 TGT ACHIVED TOUCHED 575.00
BUY SUPREME INDUSTRIES ABOVE 347 TGT355SL 342 TGT ACHIVED TOUCHED 379.00
BUY NILKAMAL ABOVE 225 TGT230-235 SL220 TGT ACHIVED TOUCHED 240.35
BUY MC DOWELLSABOVE1305 tgt-1310/15/20 SL-1295TGT ACHIVED TOUCHED 1312.00
BUY HCC ABOVE 147 TGT150-152 SL 143.85 TGT ACHIVED TOUCHED 152
SHORT RADICO AT 120.50 TGT ACHIVED COVERED AT 117.05
BUY STERLITE TECH ABOVE 345 TGT 355-360 SL 338 TGT ACHIVED TOUCHED365.25
BUY FORTIS HEALTH ABOVE 129 TGT 132-135 SL 125 :TOUCHED 129.65 COST 2 COST
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Wednesday, December 23, 2009

market view 24.12.2009

After opening with a marginal positive gap, the markets surged on the
back of strong cues from the global markets. The Finance Minister's
comments - on GDP growth forecast and continuation of the stimulus till
Budget - fimed up markets further. The Finance Minister reiterated that
the economy's growth will be at the earlier projected rate of 7.75%. The
Sensex soared over 500 points to regain the 17,000 level after six trading
days. Looks like Santa Claus is coming around riding Dalal Street as the
Christmas season finally brings in some cheer for traders and investors.
Bombay Stock Exchange’s Sensex ended at 17236.36, up 544.36 points or 3.26 per cent. The 30- share index hit intraday high of 17252.09 and low of 16723.96. National Stock Exchange’s Nifty was closed 5146.60, up 160.75 points or 3.22 per cent. The broader index touched a high of 5150.60 and low of 4990.05.Market breadth was positive on the BSE with 1874 advances and 954 declines. All sectoral indices were in the green as the metal index shone. The index jumped 4% to 17,075.
Oil & gas, power, IT and capital goods gained over 3% each.Reliance was the star performer in trades today and surged 4.6% to Rs 1,066. Other heavyweight - Infosys, ICICI Bank and Larsen & Toubro rallied 3-4% each.Metal stocks shone. Hindalco soared 8% to Rs 153. Sterlite surged 5% to Rs 847. Tata Steel added 4.5% to Rs 603.PSU stock NTPC advanced 7% to Rs 230. Relaty
stocks - Jaiprakash Associates, Reliance Infrastructure and DLF jumped. Other gainers included BHEL, Mahindra & Mahindra, HDFC, Tata Motors, TCS and ITC. Reliance Communications, SBI, Wipro, Grasim, Maruti Suzuki and ONGC moved up 1-2% each. NIFTY TREND: Next resistance for nifty was 5180, 5230 down side it takes support at 5130, 5100, 5030.
Stock to watch: ESCORTS BUY AT CURRENT LEVELS WITH A STOP LOSS OF 115, FIRST TARGET135 Rs, SECOND TARGET 150 . COMPANY IS GOING TO POST EXCELENT RESULTS ONSUNDAY.

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PEFORMANCE & MARKET VIEW for 24.12.2009




PERFORMANCE :23.12.2009
SHORT NILKAMAL SUPER HIT
BUY INDIAN BANK: SUPER HIT
PFC : COST 2 COST
NTPC :MADE HUGE PROFIT
PRAJ IND:GOOD PROFIT
RIL: SUPER HIT
STERLITE :SUPER HIT
HINDALCO:SUPER HIT
MARKET VIEW FOR 24.12.2009
After opening with a marginal positive gap, the markets surged on the
back of strong cues from the global markets. The Finance Minister's
comments - on GDP growth forecast and continuation of the stimulus till
Budget - fimed up markets further. The Finance Minister reiterated that
the economy's growth will be at the earlier projected rate of 7.75%. The
Sensex soared over 500 points to regain the 17,000 level after six trading
days. Looks like Santa Claus is coming around riding Dalal Street as the
Christmas season finally brings in some cheer for traders and investors.
Bombay Stock Exchange’s Sensex ended at 17236.36, up 544.36 points or 3.26 per cent. The 30- share index hit intraday high of 17252.09 and low of 16723.96. National Stock Exchange’s Nifty
was closed 5146.60, up 160.75 points or 3.22 per cent. The broader index touched a high of
5150.60 and low of 4990.05.Market breadth was positive on the BSE with 1874 advances and
954 declines.
All sectoral indices were in the green as the metal index shone. The index jumped 4% to 17,075.
Oil & gas, power, IT and capital goods gained over 3% each.Reliance was the star performer in
trades today and surged 4.6% to Rs 1,066. Other heavyweight - Infosys, ICICI Bank and Larsen & Toubro rallied 3-4% each.Metal stocks shone. Hindalco soared 8% to Rs 153. Sterlite surged 5% to Rs 847. Tata Steel added 4.5% to Rs 603.PSU stock NTPC advanced 7% to Rs 230. Relaty
stocks - Jaiprakash Associates, Reliance Infrastructure and DLF jumped. Other gainers included
BHEL, Mahindra & Mahindra, HDFC, Tata Motors, TCS and ITC. Reliance Communications, SBI, Wipro, Grasim, Maruti Suzuki and ONGC moved up 1-2% each.
NIFTY TREND: Next resistance for nifty was 5180, 5230 down side it takes support at
5130, 5100, 5030.
Stock to watch: ESCORTS BUY AT CURRENT LEVELS WITH A STOP LOSS OF 115, FIRST
TARGET135 Rs, SECOND TARGET 150 . COMPANY IS GOING TO POST EXCELENT RESULTS ON SUNDAY.


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Friday, December 18, 2009

hi to all

hi to alll ..............................